Analysis
US Banks borrow record-high $164.8B from Fed backstop facilities
Meanwhile, Circle's USDC stablecoin maintains $1 peg despite recent banking contagion and widespread fear in the banking sector.
Dorian Batycka 2 min read
Adoption News
Follow crypto adoption news across institutions, governments, merchants, and consumers as digital assets move further into everyday use.
Coverage footprint 17.9%
News sentiment 56 /100
Top Adoption Stories
Adoption
CZ touts rules for securitization of digital assets in new tweet thread
CZ's early morning thoughts echo others in the crypto community who worry that exposure to traditional finance can also hurt the industry.
Adoption
Helium on last leg in Lebanon despite high adoption as profit, utility remain elusive
Helium claimed that its internet of things would provide a wide variety of use cases and utility that would improve people's daily lives but has not made any progress years later.
Latest Adoption News & Analysis
Opinion
Op-ed: The pound’s decline paves the way for Bitcoin adoption in the UK
The UK government turns to crypto in bid to restore former economic glory in the digital age.
Taxes
New feature by H&R Block, CoinTracker automatically adds taxes for crypto trades
The integration will enable crypto users to benefit from H&R Block's tax preparation services while using CoinTracker's specialized software.
Analysis
Spot vs. futures ETF: Grayscale’s hearing sheds light on the SEC’s decision-making process
In Greyscale's spot ETF appeal hearing, judges are questioning the logic of how a futures ETF is possible but a spot is not.
Adoption
Does an interchain future mean dApps developers have the responsibility to unify?
Cross-chain messaging is evolving but does the onus sit with the developers or the blockchains themselves?
Adoption
Consumer confidence in crypto remains high despite fallout from FTX
The study found that 89% of respondents were still comfortable holding their crypto on centralized exchanges.
Mining
Despite 82% drop in quarterly revenue, Bitcoin mining hardware manufacturer Canaan remains optimistic
The Chinese manufacturer of application-specific integrated circuit (ASIC) mining machines reported a 82% drop in revenue in Q4 2022.
More Adoption News Headlines
Adoption
Netherlands ranked as most crypto-curious European country
Adoption
Pakistani banks to develop blockchain-based KYC despite cold attitude toward crypto
Gaming
Warner Bros backs Ethereum ecosystem as it migrates Blocklete Golf to ImmutableX
Payments
